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The latest news from the Joomla! Team

The First Turkish Shopping Mall in the US

Mehmet Bilici at Istikbal Showroom
A new shopping mall in the United States will bring together many Turkish companies from various sectors in one place. The project has been planned since 1999, and the proposed shopping mall will have a 35,000 square foot Istikbal furniture showroom, as well as nearly ten different Turkish stores and companies in the food, textile, souvenirs and medical/law categories.

American Consumers' Choice: Natural Stones of Turkey

ImageAccording to Business Monitor International forecasts, the mining industry in Turkey is expected to grow by 71.3% between 2009 and 2013. The industry is expected to reach a value of US $12.76 billion by 2013. Currently there are 20-25 mining companies from Canada, the U.S., the UK and Australia operating in Turkey.

Turkish Jewelry Sector Wants US Custom Taxed To Be Lifted

ImageWhile Turkey is among the five greatest markets in the gold jewelry sector along with India and USA, it is also competing with Italy in the production field.  According to a report by the Exports Promotion Center of Turkey, although Turkey has a goldsmithing capacity of 400 tons annually it only produces 250-300 tons of gold jewelry.  Turkey has a place among the first three leading gold jewelry producers in the world, with India and US being the other two.

Turkish Metal Exporters Get Ready for 2023

ImageAs Ferrous and Non-Ferrous Metals Exporters' Association prepared their strategy in 2009, the industry’s share of Turkey’s total exports was 4.2%. They are aiming to reach a level of 5.5% in 2023. To achieve this target, Istanbul Ferrous and Non-Ferrous Metals Exporters' Association's board have established sub-sector committees in such areas as aluminum, copper, and kitchenware. Hayrettin Cayci, Deputy Chairman of Istanbul Ferrous and Non-Ferrous Metals Exporters' Association, talked to TURKOFAMERICA.

How Will the UN's Iran Sanctions Effect The Turkish Chemical Industry?

ImageIn the last five years, Turkey's chemical industry exports have increased by an average annual rate of 5%. These exports make up 5.7% of Turkey’s total exports . The industry exported 4.9 billion in 2008 and this increased by 7.5% in 2009, reaching 5.2 billion dollars. On the other hand, Turkey's chemical industry imports totalled $20 billion in 2009, falling by 21 percent when compared the previous year.

Can Turkey Become A Producer in the North America Market?

Namik Ekinci, President of Istanbul Iron and Steel Exporters? Association.
During 1980s, the Turkish iron and steel industry showed great progress, which paralleled the establishment of the electric arc furnace mills and developments in the economic structure. Today, with its integrated plants that have capacities ranging from 1 million tons up to 3 million tons and with 16 electrical arc furnaces whose capacities run from 400.000 tons up to 2 million tons, the iron & steel industry has become one of the most developed sectors of Turkey and makes a significant contribution to the Turkish economy.

Turkey Sells Products to the World but Its Exports to The U.S. Market Decreasing

Turkish Trade Minister Zafer Caglayan with Omer Guner, TURKOFAMERICA's General Manager.
Turkey’s Foreign Trade Minister Zafer Çağlayan, who spoke to TURKOFAMERICA magazine about the trade issues between the two countries, said “We are carrying out our activities both through state-wide private sectors and through the federal government in order to gain more benefits from exports, and we will continue these efforts with the same momentum.” Çağlayan told TURKOFAMERICA about Turkey’s export strategy:

Wind Energy Is Coming On Strong in Turkey

Prof. Dr. Tanay Sidki Uyar.
By Muge Mengu Hale
-  As one of the most ancient energy sources, wind is helping the world to overcome its energy and financial crises. Turkey is one of the many countries turning to this source. With the progress in wind technology, wind power generation costs have fallen in half in a decade. Wind energy is considered low-risk for investors with no fuel costs and stable costs of electricity generation. Most governments encourage wind investments with incentives such as feed-in tariffs. As a result, the global wind energy sector has expanded fast at 29% last year.

How to Expand Your Company in Clean Tech Sector

ImageA Syracuse-based business incubator funded by the New York State Energy Research and Development Authority (NYSERDA) today released the first comprehensive directory created to connect emerging clean technology companies with resources in Central New York that can help develop, grow, and retain businesses in this growing sector.  The Clean Tech Asset Guide was published by the Clean Tech Center, a program of the Greater Syracuse Chamber of Commerce located at the Tech Garden in downtown Syracuse. 

A New Identity for Izmir - Inoviz

ImageThe three major universities in Izmir (Ege University, 9 Eylül University and Izmir Institute of Technology) are acknowledged as the national and international authorities in Biomedical Technologies, subjects including but not limited to Bioengineering, Bio-mechanics, and Materials Sciences. Human resources, physical infrastructure, and research results in this field have more than sufficient capacity to lead the Biomedical Technologies Industry and Production Sector, which is now beginning to develop in Izmir.
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